#MEMEAct Legislative Revolt: Democratic Senator Chris Murphy introduced the MEME Act to prohibit President Trump (and other top officials) from promoting any "presidential coins," including the memecoin $TRUMP—calling it a "conflict of interest."

🎯 Ethics Explosion: Critics argue that Trump’s dual role—promoting cryptocurrency deregulation while profiting from his own token—crosses the boundaries of "cryptographic corruption," prompting calls for stricter oversight.

⚖️ Bipartisan Response: Even some Senate Republicans feel uneasy, fearing that the sight of an incumbent president profiting from digital assets could undermine trust in U.S. politics.